Autonomous Residential Security Drone Market Projected to Grow At A CAGR Of -30% By 2030

Research Nester published a report titled “Autonomous Residential Security Drone Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global autonomous residential security drone market in terms of market segmentation by type, application, end-user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global autonomous residential security drone market is anticipated to attain a CAGR of ~30% over the forecast period, i.e., 2022 – 2030. The market is segmented to grow on the back of growing construction of residential buildings, backed by the increasing global population. More buildings directly raise the demand for security systems in the building. The growing adoption of automation and robotics is further projected to boost the market growth. Moreover, drones can provide complete surveillance of the premises, which is estimated to further strengthen the market growth.

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The global autonomous residential security drone market is segmented on the basis of application into infrastructure surveillance, remote security management, parking area surveillance, and others, out of which, the infrastructure surveillance segment is anticipated to hold the notable share in the global autonomous residential security drone market over the forecast period on account of increasing cases of theft, and other crimes in large residential areas, which are hard to cover  with human services. Drones provide wide-ranging security surveillance, which is estimated to boost the segment growth over the forecast period.

On the basis of geographical analysis, the global autonomous residential security drone market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in the North America region is anticipated to gain the largest market share throughout the forecast period on the back of the increasing adoption of automation and robotics technology in the region. The increasing investment in technical R&D activities in the region, is estimated to boost the market growth. Moreover, growing urbanization in the U.S. and Canada, is also foreseen to boost the market growth.

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The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Growing Security Threats Amongst Residents to Boost the Market Growth

The increasing incidences of robbery, and other crimes globally, has surged the demand for tight security in residential areas. Automated drones provide efficient overall surveillance, and top-notch security, which cannot be achieved by humans. This is estimated to boost the market growth.

However, lack of technical knowledge and awareness, and high overall expenditure expected to operate as key restraint to the growth of the global autonomous residential security drone market over the forecast period.

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This report also provides the existing competitive scenario of some of the key players of the global autonomous residential security drone market which includes company profiling of Delair India Pvt. Ltd., Schiebel Corporation, Threod Systems, Skyfront, Airborne Drones (Pty) Ltd, Yuneec Holding Ltd., General Atomics, AeroVironment, Inc., Honeywell International Inc., and Rockwell Automation, Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global autonomous residential security drone market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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